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Class 7 Maths Worksheet: Profit and Loss, Simple Interest

Maths worksheets lesson 54: Comparing quantities: percentage, profit and loss, simple interest · Set 955 · 40 sums
TalentJR

The method (Out of 100): p% of a number = number × p ÷ 100. Profit = SP − CP; loss = CP − SP. Profit % (or loss %) = profit (or loss) ÷ CP × 100. Selling price at p% profit = CP + p% of CP; at p% loss = CP − p% of CP. Simple interest = P × R × T ÷ 100; amount = P + SI. % increase or decrease = change ÷ old value × 100.

NameDateTime takenScore ___ / 40
  1. 1.A table bought for ₹2800 is sold for ₹2520. What is the loss per cent?
  2. 2.What is 35% of 460?
  3. 3.The price of a bus pass changed from ₹250 to ₹475. What is the percentage increase?
  4. 4.A shopkeeper buys a mobile phone for ₹2550 and sells it for ₹2480. What is the loss (in ₹)?
  5. 5.A shopkeeper buys a fan for ₹400 and sells it for ₹150. What is the loss (in ₹)?
  6. 6.What is the amount (principal + simple interest) on ₹4400 at 9% per year for 2 years (in ₹)?
  7. 7.A shopkeeper buys a mobile phone for ₹850 and sells it for ₹940. What is the profit (in ₹)?
  8. 8.What is 75% of 760?
  9. 9.What is 55% of 560?
  10. 10.What is 5% of 540?
  11. 11.A fan costs ₹1800. It is sold at a 50% profit. What is the selling price (in ₹)?
  12. 12.What is 35% of 860?
  13. 13.A mobile phone bought for ₹200 is sold for ₹176. What is the loss per cent?
  14. 14.What is the simple interest on ₹4600 at 3% per year for 1 year (in ₹)?
  15. 15.The price of a box of mangoes changed from ₹25 to ₹5. What is the percentage decrease?
  16. 16.A watch costs ₹1700. It is sold at a 50% loss. What is the selling price (in ₹)?
  17. 17.A shopkeeper buys a fan for ₹800 and sells it for ₹790. What is the loss (in ₹)?
  18. 18.What is 55% of 100?
  19. 19.The price of a box of mangoes changed from ₹400 to ₹360. What is the percentage decrease?
  20. 20.A cricket kit bought for ₹3200 is sold for ₹3840. What is the profit per cent?
  21. 21.What is the simple interest on ₹6500 at 11% per year for 5 years (in ₹)?
  22. 22.The price of a bus pass changed from ₹25 to ₹15. What is the percentage decrease?
  23. 23.A fan costs ₹3700. It is sold at a 15% loss. What is the selling price (in ₹)?
  24. 24.A table costs ₹600. It is sold at a 50% loss. What is the selling price (in ₹)?
  25. 25.What is 75% of 680?
  26. 26.What is the amount (principal + simple interest) on ₹600 at 4% per year for 4 years (in ₹)?
  27. 27.What is the simple interest on ₹8700 at 12% per year for 2 years (in ₹)?
  28. 28.A shopkeeper buys a cricket kit for ₹2000 and sells it for ₹1950. What is the loss (in ₹)?
  29. 29.A shopkeeper buys a cricket kit for ₹1650 and sells it for ₹1800. What is the profit (in ₹)?
  30. 30.What is the simple interest on ₹7400 at 7% per year for 5 years (in ₹)?
  31. 31.What is 80% of 580?
  32. 32.What is the simple interest on ₹9500 at 7% per year for 4 years (in ₹)?
  33. 33.A mobile phone costs ₹2000. It is sold at a 5% loss. What is the selling price (in ₹)?
  34. 34.The price of a school bag changed from ₹25 to ₹45. What is the percentage increase?
  35. 35.What is the amount (principal + simple interest) on ₹2700 at 5% per year for 5 years (in ₹)?
  36. 36.A shopkeeper buys a cycle for ₹850 and sells it for ₹980. What is the profit (in ₹)?
  37. 37.The price of a school bag changed from ₹80 to ₹144. What is the percentage increase?
  38. 38.What is the amount (principal + simple interest) on ₹5100 at 6% per year for 4 years (in ₹)?
  39. 39.A shopkeeper buys a watch for ₹2050 and sells it for ₹2270. What is the profit (in ₹)?
  40. 40.A cycle bought for ₹2600 is sold for ₹3380. What is the profit per cent?

Answer key

  1. 10
  2. 161
  3. 90
  4. 70
  5. 250
  6. 5192
  7. 90
  8. 570
  9. 308
  10. 27
  11. 2700
  12. 301
  13. 12
  14. 138
  15. 80
  16. 850
  17. 10
  18. 55
  19. 10
  20. 20
  21. 3575
  22. 40
  23. 3145
  24. 300
  25. 510
  26. 696
  27. 2088
  28. 50
  29. 150
  30. 2590
  31. 464
  32. 2660
  33. 1900
  34. 80
  35. 3375
  36. 130
  37. 80
  38. 6324
  39. 220
  40. 30

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